Smart companies recognize that in order to achieve their objectives in
today’s business environment, they must work more closely than ever with
an increasingly global base of customers and partners. And they are
leveraging a new breed of cloud-based solutions and business networks to
do it. On March 18, Cabot
Corporation, a global leader in specialty chemicals and performance
materials, will discuss how it is tapping into Ariba,
an SAP Company, to better manage its procurement process and trading
relationships, at Ariba
LIVE, the business commerce event of the year which kicks off March
17 at The Cosmopolitan of Las Vegas.
“Cabot has a strong history of technical product innovations,” said
Douglas N. Cloutier, Director Corporate Purchasing & Advancement, Cabot
Corporation. “By extending our innovative spirit to our own business
processes and implementing transformational cloud-based solutions, we
can drive efficiencies and savings that enhance our performance and
ultimately, our bottom line.”
To deliver these results, Cabot connected to the Ariba®
Network and is implementing a range of cloud-based offerings in
conjunction with its Oracle system, including: Ariba
Sourcing, Ariba
Contract Management, Ariba®
Procure-to-Order™ and Ariba
Supplier Information and Performance Management™.
The Ariba Network is the world’s largest and most global
business-to-businesses trading network, used by more than one million
companies to transact over $500 billion in commerce on an annual basis.
Cloutier is part of a blue-chip roster of executives and practitioners
from leading companies set to present at Ariba LIVE and will share his
insights and experiences into how companies can leverage the
connectivity and insights of business networks to move beyond
transactions and drive competitive advantage during one of more than 70
breakout sessions.
“Fueled by mega-shifts in how technology is accessed and delivered,
companies are unleashing a new model for operating that is helping to
improve their productivity, profits and ultimately, their advantage in
an ultra-competitive marketplace,” said Rachel Spasser, Senior Vice
President of Marketing, Ariba. “In leveraging Ariba’s cloud-based
applications and business network, Cabot can coordinate a virtual
extraprise of partners into a shared community and execute its
procurement processes in a more collaborative and informed way that
drives long-term, sustainable growth across its business.”
Registration for Ariba LIVE is open today. To reserve your place, visit: www.aribalive.com
About Cabot Corporation
Cabot Corporation (NYSE: CBT) is a global specialty chemicals and
performance materials company, headquartered in Boston, Massachusetts.
The company is a leading provider of rubber
and specialty
carbons, activated
carbon, inkjet
colorants, cesium
formate drilling fluids, fumed
silica, aerogel,
and elastomer
composites. For more information on Cabot, please visit the
company’s website at: http://www.cabotcorp.com.
About Ariba, an SAP Company
Ariba is the world’s business commerce network. Ariba combines
industry-leading cloud-based applications with the world's largest
web-based trading community to help companies discover and collaborate
with a global network of partners. Using the Ariba® Network,
businesses of all sizes can connect to their trading partners anywhere,
at any time from any application or device to buy, sell and manage their
cash more efficiently and effectively than ever before. Companies around
the world use the Ariba Network to simplify inter-enterprise
commerce and enhance the results that they deliver. Join them at: www.ariba.com
About SAP
As market leader in enterprise application software, SAP (NYSE: SAP)
helps companies of all sizes and industries run better. From back office
to boardroom, warehouse to storefront, desktop to mobile device – SAP
empowers people and organizations to work together more efficiently and
use business insight more effectively to stay ahead of the competition.
SAP applications and services enable more than 253,500 customers to
operate profitably, adapt continuously, and grow sustainably. For more
information, visit www.sap.com.
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